Malayan Banking Z Score vs. Market Capitalization
| 1155 Stock | 10.30 0.10 0.98% |
For Malayan Banking profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Malayan Banking to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Malayan Banking Bhd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Malayan Banking's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Malayan Banking Bhd over time as well as its relative position and ranking within its peers.
Malayan |
Malayan Banking Bhd Market Capitalization vs. Z Score Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Malayan Banking's current stock value. Our valuation model uses many indicators to compare Malayan Banking value to that of its competitors to determine the firm's financial worth. Malayan Banking Bhd is number one stock in z score category among its peers. It also is number one stock in market capitalization category among its peers creating about 58,596,444,444 of Market Capitalization per Z Score. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Malayan Banking's earnings, one of the primary drivers of an investment's value.Malayan Market Capitalization vs. Z Score
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Malayan Banking |
| = | 1.8 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Malayan Banking |
| = | 105.47 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Malayan Market Capitalization vs Competition
Malayan Banking Bhd is number one stock in market capitalization category among its peers. Market capitalization of Banks industry is presently estimated at about 172.48 Billion. Malayan Banking totals roughly 105.47 Billion in market capitalization claiming about 61% of stocks in Banks industry.
Malayan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Malayan Banking. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Malayan Banking position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Malayan Banking's important profitability drivers and their relationship over time.
Use Malayan Banking in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Malayan Banking position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Malayan Banking will appreciate offsetting losses from the drop in the long position's value.Malayan Banking Pair Trading
Malayan Banking Bhd Pair Trading Analysis
The ability to find closely correlated positions to Malayan Banking could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Malayan Banking when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Malayan Banking - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Malayan Banking Bhd to buy it.
The correlation of Malayan Banking is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Malayan Banking moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Malayan Banking Bhd moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Malayan Banking can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Malayan Banking position
In addition to having Malayan Banking in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Convertibles Funds Theme or any other thematic opportunities.
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Other Information on Investing in Malayan Stock
To fully project Malayan Banking's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Malayan Banking Bhd at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Malayan Banking's income statement, its balance sheet, and the statement of cash flows.